Grizzle Growth ETF (NYSEARCA:DARP) Sees Significant Growth in Short Interest
by Mitch Edgeman · The Markets DailyGrizzle Growth ETF (NYSEARCA:DARP – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 6,485 shares, an increase of 679.4% from the December 15th total of 832 shares. Based on an average trading volume of 3,235 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.9% of the shares of the stock are short sold. Approximately 1.9% of the shares of the stock are short sold. Based on an average trading volume of 3,235 shares, the days-to-cover ratio is presently 2.0 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Grizzle Growth ETF stock. Tidal Investments LLC acquired a new stake in shares of Grizzle Growth ETF (NYSEARCA:DARP – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF as of its most recent filing with the Securities and Exchange Commission.
Grizzle Growth ETF Stock Performance
NYSEARCA DARP traded up $0.75 on Monday, reaching $47.42. The company’s stock had a trading volume of 5,578 shares, compared to its average volume of 5,040. Grizzle Growth ETF has a twelve month low of $24.74 and a twelve month high of $48.08. The firm’s 50 day moving average is $44.68 and its two-hundred day moving average is $41.18. The stock has a market cap of $16.12 million, a PE ratio of 35.38 and a beta of 1.24.
Grizzle Growth ETF Announces Dividend
The firm also recently announced an annual dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a dividend of $0.1962 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a yield of 43.0%.
About Grizzle Growth ETF
The Grizzle Growth ETF (DARP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. DARP was launched on Dec 17, 2021 and is issued by Grizzle.